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Onwards & Upwards - AP & his team do us Aussies proud
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Alameda-3: Drilling Update
Highlights
- Flow testing of Unit 3 of the Amistad reservoir completed satisfactorily and all objectives met.
- Presence of moveable oil of similar quality/reservoir conditions as that observed while testing same unit in Alameda-2 confirmed.
- No formation water observed during testing.
- Preparing to drill ahead to test the deeper Alameda and Marti reservoirs discovered in 2022 that have been independently estimated to contain a combined 179 million barrels of Prospective (recoverable) Resource (Unrisked Gross Best Estimate).
Melbana Energy Limited (ASX: MAY) (Melbana or Company), a 30% interest holder in and Operator of Block 9 PSC onshore Cuba, is pleased to provide this operational update.
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